Tag: Department of Budget and Management

Alex Eala is making the US Open look increasingly comfortable.

Advent Upgrade Solar Inc. (AUSI) and Proterial Philippines Inc. have signed a 20-year power purchase agreement (PPA) to supply solar power to Proterial’s LIMA Estate facility, marking the industrial park’s first ground-mounted solar project.

Philippine inflation eased to a five-month low of 6.1 percent in August, offering some relief after prices accelerated sharply earlier this year, but the reading remained elevated enough to underscore the Bangko Sentral ng Pilipinas’ decision to raise interest rates last week.

SteelAsia Lemery Works Inc. has secured investment incentives for a P19-billion project in Batangas that will produce medium steel sections locally, marking a shift in government policy toward using incentives to fill specific gaps in the domestic industrial base.